Sezzle president sells 25,632 shares under plan
Sezzle Inc. Director and President Paul Paradis reported open-market sales of 25,632 shares of common stock on May 7–8, 2026, at prices generally around $100–$113 per share.
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Form Type
4
Rhea-AI Filing Summary
Sezzle Inc. Director and President Paul Paradis reported open-market sales of 25,632 shares of common stock on May 7–8, 2026, at prices generally around $100–$113 per share. These transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on November 18, 2025. Following the sales, Paradis holds 449,763 shares directly. The filing also shows indirect holdings of 233,000 shares held by his spouse and 504,066 shares held by Paradis Family LLC, with a stated disclaimer of beneficial ownership except to the extent of his pecuniary interest.
Insider Trade Summary 10b5-1
Net Seller: 25,632 shares
Net Sell
16 txns
Insider
Paradis Paul
Role
Director & President
Sold
25,632 shs ($2.65M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.00001 per share | 188 | $100.245 | $19K |
| Sale | Common Stock, par value $0.00001 per share | 5 | $101.51 | $507.55 |
| Sale | Common Stock, par value $0.00001 per share | 5,853 | $100.3952 | $588K |
| Sale | Common Stock, par value $0.00001 per share | 4,538 | $101.3666 | $460K |
| Sale | Common Stock, par value $0.00001 per share | 2,698 | $102.4615 | $276K |
| Sale | Common Stock, par value $0.00001 per share | 4,236 | $103.6321 | $439K |
| Sale | Common Stock, par value $0.00001 per share | 1,770 | $104.2637 | $185K |
| Sale | Common Stock, par value $0.00001 per share | 1,704 | $105.3229 | $179K |
| Sale | Common Stock, par value $0.00001 per share | 1,843 | $106.475 | $196K |
| Sale | Common Stock, par value $0.00001 per share | 1,596 | $107.6515 | $172K |
| Sale | Common Stock, par value $0.00001 per share | 423 | $109.0189 | $46K |
| Sale | Common Stock, par value $0.00001 per share | 504 | $110.476 | $56K |
| Sale | Common Stock, par value $0.00001 per share | 73 | $111.00 | $8K |
| Sale | Common Stock, par value $0.00001 per share | 201 | $113.103 | $23K |
| holding | Common Stock, par value $0.00001 per share | -- | -- | -- |
| holding | Common Stock, par value $0.00001 per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.00001 per share — 449,763 shares (Direct);
Common Stock, par value $0.00001 per share — 504,066 shares (Indirect, Paradis Family LLC);
Common Stock, par value $0.00001 per share — 233,000 shares (Indirect, By spouse)
Footnotes (14)
- F1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2025.
- F2. The sales were effected in multiple transactions at prices ranging from $100.00 to $100.99, inclusive, on May 7, 2026. The price reported in Column 4 is the weighted average price. The reporting person undertakes to provide, upon request, full information regarding the number of shares purchased in each transaction.
- F3. The sales were effected in multiple transactions at prices ranging from $101.00 to $101.99, inclusive, on May 7, 2026. The price reported in Column 4 is the weighted average price. The reporting person undertakes to provide, upon request, full information regarding the number of shares purchased in each transaction.
- F4. The sales were effected in multiple transactions at prices ranging from $102.00 to $102.99, inclusive, on May 7, 2026. The price reported in Column 4 is the weighted average price. The reporting person undertakes to provide, upon request, full information regarding the number of shares purchased in each transaction.
- F5. The sales were effected in multiple transactions at prices ranging from $103.00 to $103.99, inclusive, on May 7, 2026. The price reported in Column 4 is the weighted average price. The reporting person undertakes to provide, upon request, full information regarding the number of shares purchased in each transaction.
- F6. The sales were effected in multiple transactions at prices ranging from $104.00 to $104.99, inclusive, on May 7, 2026. The price reported in Column 4 is the weighted average price. The reporting person undertakes to provide, upon request, full information regarding the number of shares purchased in each transaction.
- F7. The sales were effected in multiple transactions at prices ranging from $105.00 to $105.96, inclusive, on May 7, 2026. The price reported in Column 4 is the weighted average price. The reporting person undertakes to provide, upon request, full information regarding the number of shares purchased in each transaction.
- F8. The sales were effected in multiple transactions at prices ranging from $106.00 to $106.92, inclusive, on May 7, 2026. The price reported in Column 4 is the weighted average price. The reporting person undertakes to provide, upon request, full information regarding the number of shares purchased in each transaction.
- F9. The sales were effected in multiple transactions at prices ranging from $107.06 to $108.01, inclusive, on May 7, 2026. The price reported in Column 4 is the weighted average price. The reporting person undertakes to provide, upon request, full information regarding the number of shares purchased in each transaction.
- F10. The sales were effected in multiple transactions at prices ranging from $108.48 to $109.39, inclusive, on May 7, 2026. The price reported in Column 4 is the weighted average price. The reporting person undertakes to provide, upon request, full information regarding the number of shares purchased in each transaction.
- F11. The sales were effected in multiple transactions at prices ranging from $109.97 to $110.59, inclusive, on May 7, 2026. The price reported in Column 4 is the weighted average price. The reporting person undertakes to provide, upon request, full information regarding the number of shares purchased in each transaction.
- F12. The sales were effected in multiple transactions at prices ranging from $112.87 to $113.50, inclusive, on May 7, 2026. The price reported in Column 4 is the weighted average price. The reporting person undertakes to provide, upon request, full information regarding the number of shares purchased in each transaction.
- F13. The sales were effected in multiple transactions at prices ranging from $100.24 to $100.25, inclusive, on May 8, 2026. The price reported in Column 4 is the weighted average price. The reporting person undertakes to provide, upon request, full information regarding the number of shares purchased in each transaction.
- F14. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of all the reported shares for purposes of Section 16 or for any other purpose.
Key Figures
Shares sold: 25,632 shares
Direct holdings after sale: 449,763 shares
Indirect holdings by spouse: 233,000 shares
+3 more
6 metrics
Shares sold
25,632 shares
Net open-market sales reported May 7–8, 2026
Direct holdings after sale
449,763 shares
Common stock held directly after reported transactions
Indirect holdings by spouse
233,000 shares
Common stock held indirectly by spouse as of May 7, 2026
Indirect holdings via LLC
504,066 shares
Common stock held indirectly by Paradis Family LLC as of May 7, 2026
Number of sale transactions
14 transactions
Open-market sale entries classified as sells in summary
10b5-1 plan adoption date
November 18, 2025
Date Paradis adopted Rule 10b5-1 trading plan
Key Terms
Rule 10b5-1 trading plan, weighted average price, beneficial ownership, pecuniary interest, +1 more
5 terms
Rule 10b5-1 trading plan financial
"This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is the weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
beneficial ownership financial
"The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of his pecuniary interest therein"
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Sezzle (SEZL) Director & President Paul Paradis report in this Form 4?
Paul Paradis reported multiple open-market sales of Sezzle common stock. He sold 25,632 shares on May 7–8, 2026, under a Rule 10b5-1 trading plan, and disclosed his updated direct and indirect share holdings afterward.
What does the beneficial ownership disclaimer mean in the Sezzle (SEZL) Form 4?
The filing states Paradis disclaims beneficial ownership of certain indirectly held shares except for his pecuniary interest. This means he does not concede full beneficial ownership for legal purposes, even though those securities are reported in the filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
